[ad_1] (Bloomberg) — A $60 million Silicon Valley Bank loan to Clearco is being scooped up by the struggling Canadian e-commerce lender’s original venture backers, according to people with knowledge…
Tag: SVB
SVB Depositors Who Lost Their Money Win Court Victory
[ad_1] Silicon Valley Bank’s customers in the Cayman Islands weren’t covered by a U.S. deposit guarantee program. [ad_2] Source link
SVB Financial nears approval to sell its investment banking business
[ad_1] NEW YORK, June 29 (Reuters) – A U.S. bankruptcy judge said Thursday that he would allow SVB Financial Group to sell its investment banking division, once the company has…
These SVB Depositors Got Burned—Now They’re Fighting Back
[ad_1] Cayman Islands account holders lost their deposits but are still expected to pay back their loans. [ad_2] Source link
US Taxpayers Backstopped Big Tech, VC Billions During SVB Collapse
[ad_1] If money could’ve talked this spring, it would’ve been saying “goodbye.” Or so politicians, businesses and individuals around America thought when Silicon Valley Bank (SVB) collapsed on March 10 in one…
WSJ News Exclusive | SVB Customers Who Lost Their Deposits Remain on the Hook for Loans
[ad_1] Customers of Silicon Valley Bank’s Cayman Islands branch who counted on using their deposits to repay credit lines are in a bind after the FDIC seized the funds. [ad_2]…
SVB Securities to Be Acquired in Management Buyout
[ad_1] The investment-banking business tied to Silicon Valley Bank will go back to being called Leerink Partners. [ad_2] Source link
SVB agrees to sell its investment banking division | Cyprus Mail
[ad_1] SVB agrees to sell its investment banking division Cyprus Mail [ad_2] Source link
SVB Financial to sell investment banking unit to management team
[ad_1] SVB Financial Group has reached a deal to sell its investment banking division to a group led by some of its own top bankers, including Jeffrey Leerink, as well…
SVB agrees to sell its investment banking division
[ad_1] June 18 (Reuters) – SVB Financial Group (SIVBQ.PK) said on Sunday it has entered into an agreement to sell its investment banking division, SVB Securities, to a group led…